163 E Gulf Beach Drive St George Islan, FL 32328

Want to have a money making investment and a residence on a beautiful island? The SUBWAY has been here since 2005 and wants to stay indefinitely. Income is very stable. The SUBWAY has approx. 2070 square feet. The second floor is a large residence also with 2070 sq. ft, for a building total of 4140 ...sq. ft. Zoning allows for both business and residence. Residence has two large living areas, including a beautiful GREAT room, three large bedrooms and two full bathrooms. This appears to be one of the largest condos on the island. The SUBWAY rent alone is $5000/month. A SUBWAY national NNN lease will be used. The building has been grandfathered for flood insurance, so the price is only $2600/yr. The Subway portion has a new HVAC installed approx. 2021. Regular maintenance has been done on the building and the septic system. A new roof was installed and permitted in 2023 by Lloyd's Roofing of Tallahassee. Continue reading